Arrange the sequence of events relating to establishment of equilibrium in the economy. (A) This will cause unintended decumulation of inventories (B) This process continues till ex-ante aggregate demand becomes equal to ex-ante aggregate supply (C) The producers will respond by increasing output (D) If ex-ante demand for final goods by firms and households is greater than the output the producers plan to produce in a given year (E) When output increases, both employment and income rise Choose the correct answer from the options given below :

Question

Option 1: (A), (C), (B), (E), (D)

Option 2: (D), (A), (C), (E), (B)

Option 3: (A), (E), (C), (B), (D)

Option 4: (D), (C), (B), (E), (A)

AfterBoards · Accepted Answer

The answer is '(D), (A), (C), (E), (B)'. View full solution:

CUET Economics PYQs

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